Pets at Home reports 5.1 per cent growth

The British pet store chain Pets at Home has reported its interim results for the first half of fiscal 2021, which covers the 28-week period up to 8 October. During this period, the group's total sales increased by 5.3 per cent to £574.4 mio (approx. 464.3 mio euros). In the first six months of the last financial year, LFL revenue growth was 7.6 per cent. At £507.8 mio (around 591.7 mio euros), LFL increased by 5.8 per cent in retail sales, including omnichannel revenue growth of 65.8 per cent to £77.1 mio, representing 15.2 per cent of total retail revenue. In the same period of the previous financial year, sales grew by 7.8 per cent. For the Vet Group, Pets at Home reported sales growth of 0.1 per cent to £66.6 mio (approx. 75 mio euros), with LFL growth of 1.2 per cent. In the same period last year, the Vet Group grew by 6.4 per cent.  The number of pet stores declined during the period under review from 452 to 451, while the number of grooming salons increased by two from 313 to 315. The number of joint venture veterinary practices grew from 393 to 394. There was no change in the number of company-managed veterinary practices, which remains at 46.